Korea Rail Network Authority, Gangwon Province, and Chuncheon City Collaborate to Promote 'Chuncheon Station Area Development'

Kim Han-young, President of the Korea Rail Network Authority (first from the right), is taking a commemorative photo on the 31st at Gangwon Provincial Office after signing a business agreement for mutual cooperation in the development of the Chuncheon Station area with Kim Jin-tae, Governor of Gangwon Province (second from the right), and Yuk Dong-han, Mayor of Chuncheon (third from the right). Photo by Korea Rail Network Authority

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Korea Rail Network Authority has joined hands with Gangwon Province and Chuncheon City to smoothly advance the Chuncheon Station area development project.

On the 31st, the Rail Network Authority announced that it signed a memorandum of understanding with Gangwon Province and Chuncheon City to mutually cooperate on the Chuncheon Station area development project.

According to the agreement, the Rail Network Authority will establish a detailed development plan and implement the project after a preliminary feasibility study by the Korea Development Institute (KDI), while Gangwon Province and Chuncheon City will participate in urban planning changes, administrative support related to various permits, and development of city-owned land.

The Chuncheon Station area development project will be promoted by applying the "Act on the Development and Use of Station Areas" to approximately 690,000㎡ of railway land and surrounding areas around Chuncheon Station.

Kim Han-young, Director of the Rail Network Authority, said, "The Chuncheon Station area development project is the first project to apply the 'Station Area Development Act,' focusing on building a compact city that integrates residential, business, commercial, and cultural facilities centered around Chuncheon Station." He added, "The Rail Network Authority will continue to expand station area development to form economic hubs centered on railway stations for regional economic revitalization and balanced national development."

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